BIMCO Search Results

Background

Although the Hong Kong Convention on the Recycling of Ships is not yet in force, there are a number of shipowners who are already seeking recycling yards with “green” credentials where their ships can be dismantled in an environmentally safe manner. The RECYCLECON contract voluntarily incorporates m... Please follow the link to continue reading.

Background

Following the successful launch of BIMCO’s bilateral term sheet in 2017, SHIPTERM, it was agreed to develop a complementary form for syndicated loan transactions. The Documentary Committee approved this syndicated edition, named SHIPTERM S, in May 2018. BIMCO is grateful to the following subcommitte... Please follow the link to continue reading.

US regulations affecting your ships - get the June 2018 update!

This is the latest in a series of reports supplied by the Chamber of Shipping of America (CSA) with the intention of keeping BIMCO members appraised of legislative developments in the US affecting international shipping. BIMCO highlights only the relevant developments that would impact members. The ... Please follow the link to continue reading.

You need to be more vigilant about sanctions due diligence

Violating sanctions imposed by the EU, UK, US and other countries against Russia and Belarus may cause severe enforcement actions and is potentially very damaging to your business. And with banks now being sanctioned, the situation is even more complex. Everybody wants to comply with the sanction re... Please follow the link to continue reading.

Explanatory notes

LNG Bunker Terms (Annex B to the BIMCO Bunker Terms 2018) Background The intention and purpose of the LNG Bunker Terms (the “Annex”) is to cater for the nature of LNG bunkering operations whilst trying to keep the provisions in line with the existing BIMCO standard contract for the purchase and supp... Please follow the link to continue reading.